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Stater Bros. Markets is a privately held supermarket chain, based in San Bernardino, California, consisting of 171 stores located throughout Southern California.It was founded in Yucaipa, California, on August 17, 1936, by twin brothers Cleo and Leo Stater when they purchased the market owned by Cleo's boss, W. A. Davis, with a $600 down payment ($13,174 in 2023 dollars [3]). [4]
Today, Ralphs competes with Albertsons (including Vons) and Stater Bros. Its slogan is "Fresh for Everyone," also used by all other Kroger grocery store brands. [10] Ralphs is the current market share leader in Southern California. Exterior of a Ralphs store in Encino, Los Angeles which closed in January 2020 (Store #219)
At age 21, he married Janet Steeper, a Stater Bros. clerk and great-grandniece of the aviation pioneers, the Wright brothers. [1] They had three children together. Burkle parlayed a $3,000 investment in American Silver and another metals company into $30,000 and began investing in and flipping undervalued grocery stores.
In 1984, American Stores bought The Jewel Companies, Inc., which had owned Osco Drug since 1961. An Alpha Beta store in Santa Ana, California , in 1974 In 1984, all 34 Alpha Beta stores in Arizona were sold to ABCO Foods , and the stores continued operating under the Alpha Beta name. [ 2 ]
Kroger bought the chain in 1963 when Market Basket annual sales were $121 million (~$923 million in 2023). [ 4 ] In 1982, Kroger decided to exit the competitive Southern California supermarket business and broke up the 65 store Market Basket chain by selling many of stores to Ralphs, Boys, Hughes and Vons while closing the rest.
In June 2007, a 109-year-old retail legacy came to an end. Rite-Aid Corporation completed its acquisition of Eckerd Pharmacy by purchasing Jean Coutu USA for $2.3 billion in cash plus $1 billion ...
A pharmacy desert is defined as a community where the average distance to the nearest pharmacy exceeds specific thresholds based on the area's characteristics: In urban areas, it is more than one ...
Who Is Eligible for the Breyers Settlement? If you purchased Breyers Natural Vanilla ice cream between April 21, 2016, and August 14, 2024, you may be eligible for a portion of the settlement. The ...